In October 2024, Limassol continued to hold a leading position in the luxury real estate market of Cyprus. According to the analytical company Ask Wire , Limassol recorded four of the top ten most expensive property transactions on the market, including the most expensive sale of the month, a mixed-use building in the Panagia Evangelistria area of Kato Polemidia , which sold for €9.9 million.
The total value of the ten most expensive property transactions across Cyprus in October was €34.6 million.
Sales Analysis by Regions
- Limassol : The sale of a mixed-use building for €9.9 million accounted for 59.3% of all transactions in the area. In total, the ten most expensive transactions in Limassol amounted to €16.7 million.
- Paphos : The sale of a residence in Kouklia for €4.15 million accounted for 47.7% of the total sales volume in the area.
- Nicosia : The sale of an apartment building in Dali for €2.96 million accounted for 72.8% of the total transactions in the Nicosia area. The ten most expensive transactions in the area totalled € 1 million.
- Larnaca : The sale of the Voroklini pitch for €1.8 million accounted for 38.7% of the total sales. The ten most expensive transactions here totalled € 65 million.
- Famagusta : The largest transaction in the area involved the sale of a plot of land for €530,000, accounting for 9.3% of the total transactions in the area. The top 10 most expensive transactions in Famagusta totalled € 5 million.
